Duplex with Finished
For Sale
$1,199,000
3724 112th Street, Corona, NY 11368
Residential Income, Corona, NY
Property Size2,176 SF
Lot Size0.03 Acres
Price / SF$551.01
Days on Market47
Property Features for 3724 112th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Basement, Bathroom 2, Bathroom 3
Parking features
On Street
Interior features
Open Kitchen
Basement
Finished
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
APN
01781-0129
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6816
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Separate Meters
Water source
Public
Building Details
Year built
1999
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Landmark II · Keller Williams Realty
(347) 846-1200
Listed By:
Nuruzzaman Sarder · License #10401369971
(917) 379-4125
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 1045257
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick duplex contains two residential units, four bedrooms, three bathrooms, and an open kitchen. A finished basement adds further interior space. The property was built in 1999 and occupies a 0.0301-acre lot.
Public water and sewer are available, and electricity is listed as available. Parking is on street.
Public water and sewer are available, and electricity is listed as available. Parking is on street.
Key Highlights
- Two‑family duplex with four bedrooms and three bathrooms
- Finished basement and open kitchen
- Brick construction; built in 1999
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,191
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,820
$1.1M
Cap Rate 7%
$759,871
$759.9K
Cap Rate 9%
$591,011
$591.0K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$100.5K $46.20/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$96.7K $44.44/SF
− OpEx
−$43.5K −$20.00/SF
NOI
$53.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,820
Cap Rate 7%
$759,871
Cap Rate 9%
$591,011
Alternative Uses
Best Use
Apartment 5plus
$759.9K
$664.9K – $886.5K
NOI $53,191 @ 7.0% cap · market cap 4.44%
Second Best
Multifamily LT 5
$514.5K
$450.2K – $600.3K
NOI $36,016 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,292 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,845
Businesses Nearby
Explore this area
Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout includes an open kitchen and a finished basement.
Where is this duplex located?
The property is located at 3724 112th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family duplex with four bedrooms and three bathrooms; Finished basement and open kitchen; Brick construction; built in 1999
